2019-10-28 11:07 |
Stocks in Chinese blockchain A-share firms max out and Bitcoin rallies, following China’s official endorsement of the technology
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Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.
2024-10-7 09:18 | |
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Chinese President Xi Jinping’s pro-blockchain comments were credited as the main reason behind the crypto market rally that has defied all expectations since last Friday. However, Xi’s remarks also benefited local tech firms.
2019-10-29 23:42 | |
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Last week, China's President Xi Jinping said China should hasten the development of blockchain technology and take a leading position in this nascent field. This drove blockchain-related stocks upwards on Monday.
2019-10-28 22:40 | |
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The Dow and broader U. S. stock market are surging once again after the United States and China secured a partial trade deal that avoids the escalation of further hostilities between the two superpowers.
2019-10-13 02:30 | |
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As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which […] The post Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020 appeared first on CCN.com
2019-10-3 15:36 | |
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The unexpected fall in the U. S. equities market sent global stocks plunging as major stock indices in China and South Korea fell by 0. 9 to 2 percent. The SSE Composite, which represents all stocks listed on the Shanghai Stock Exchange, fell by 0.
2019-10-2 14:55 | |
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As reported by the Financial Times yesterday, market participants are not too sure about the latest trade developments between the US and China. Coupled with Washington’s political scenario concerning Trump’s impeachment row, stock prices fell on Friday.
2019-9-29 19:00 | |
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U. S. stocks declined sharply on Friday after The Wall Street Journal reported that President Trump was considering de-listing Chinese companies from domestic exchanges. In response to the widely-referenced report, the Treasury Department said that it was not considering de-listing Chinese stocks at this time.
2019-9-29 18:00 | |
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China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says
2019-9-28 21:55 | |
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Asian stocks closed lower on Friday as investors gauged emerging trade uncertainties in the United States and weak Chinese economic data. Japan’s Nikkei and Hong Kong’s Hang Seng dropped by 0.
2019-9-28 17:22 | |
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The U. S. stock market is set to see a renewed rally as the U. S. and China reopen trade deal talks for October after what has been a relatively strong month for most U. S. stocks in key industries.
2019-9-27 05:14 | |
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Following a spike in the U. S. stock market on September 25, there are hopes that U. S. stocks are in for a bigger rally as the economic growth of China is expected to slow down heading into early 2020.
2019-9-27 11:30 | |
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Apple’s struggles in China are no secret. Cupertino has been grappling with declining sales in this key smartphone market, where retailers have been forced to offer deep discounts in a bid to move their stocks.
2019-9-23 17:30 | |
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Asian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia‘s oil industry. Latest U. S. intelligence has been persistent in claiming that Iran was responsible for the attack.
2019-9-17 06:38 | |
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Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers.
2019-9-16 05:47 | |
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Gold’s yearlong surge took a pause this week, as investors exited risk-off assets in favor of stocks on the belief that the United States and China are inching toward a new trade agreement. The yellow metal is down almost 5% from its September peak.
2019-9-14 00:00 | |
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Asian stocks advanced on Friday after an apparent thawing in U. S. -China trade tensions fueled investors' appetite for riskier assets. In the process, the Chinese yuan stabilized at three-week highs against the U.
2019-9-14 06:27 | |
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Asian stocks advanced on Friday after an apparent thawing in U. S. -China trade tensions fueled investors’ appetite for riskier assets. In the process, the Chinese yuan stabilized at three-week highs against the U.
2019-9-13 06:27 | |
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Stocks crashed from their session highs on Thursday after a senior White House official flatly denied that the Trump administration plans to offer an interim trade deal to China. The move lower left major US stock indices little changed heading into midday.
2019-9-13 18:19 | |
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The Dow Jones zoomed above 27,000 on Monday as global stocks rose in anticipation of an ultra-dovish European Central Bank meeting on Thursday. Bullish sentiment spread along with easing trade war fears after China lifted tariffs on some US goods in an apparent attempt to unfreeze negotiations.
2019-9-12 22:10 | |
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The Federal Reserve is cutting interest rates to stimulate activity as the trade war between the US and China casts a pall over the economy. However, there isn't much room with the current rate set in the range of 2% to 2.
2019-9-8 19:40 | |
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U. S. government debt yields rose along with stocks Thursday after China’s Commerce Ministry confirmed that in-person trade talks with Washington would resume in October. Investors clearly took China's bait, setting the stock market up for a potentially disappointing start to the fourth quarter.
2019-9-6 23:44 | |
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Coinspeaker US Stocks Shedding Considerable Weight Amidst Escalating China-US TensionsAs the trade war between the U. S. and China continues to rage, US stocks including the Dow Jones, Nasdaq and the S&P 500 are currently taking a hit affecting retail stocks with no current hope for recuperation.
2019-9-4 12:58 | |
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Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index's top 10 components for decades, was muscled out of position in the S&P 500 index's top 10 stocks, a status it has held for […] The post How Trump's Tweet Could Salvage this S&P 500 Stock appeared first on CCN Markets
2019-9-2 23:35 | |
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Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index’s top 10 components for decades, was muscled out of position in the S&P 500 index’s top 10 stocks, a status it has held for […] The post How Trump’s Tweet Could Salvage this S&P 500 Stock appeared first on CCN Markets
2019-9-1 23:35 | |
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Coinspeaker Donald Trump Lied About Relations With China in Order to Pump U. S. StocksChina has confirmed President Donald Trump was lying when he said his people at the White House received phone calls from China offering to reopen stalled negotiations to end his trade war.
2019-8-30 11:52 | |
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It appears that stock market investors might not be the only ones feeling the heat from the US-China trade war. In a bombshell leak from Donald Trump’s private aides, CNN confirms the rumor that President Trump lied about the phone call with China to pump flailing US stocks.
2019-8-30 20:33 | |
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Bitcoin scaled a fresh session high on Monday as tit-for-tat trade tariffs by the United States and China bruised global stocks and boosted demand for perceived safe-haven assets. Global mkts slumping amid trade gloom.
2019-8-26 16:00 | |
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Stocks, US Dollar, and yields crashed Friday after President Donal Trump ordered the US manufacturers to find alternatives to China, in a series of Tweets. Trump’s tweets came after China announced new tariffs on another $75 million worth of US goods including autos.
2019-8-24 15:33 | |
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By CCN Markets: The Dow Jones surged higher on Friday, bouncing over 1% in another effort by stock market bulls to buy the recent dip. Donald Trump managed to get the Dow moving again with some typical comments about progress with China, but a weak Consumer Sentiment reading suggests that cracks are starting to show […] The post Dow Bounces But Jackson Hole & Plunging Sentiment Stalk US Stocks appeared first on CCN Markets
2019-8-16 19:10 | |
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In a welcome sight, nearly all 30 Dow Jones stocks are trading in the green today. One of the leaders in the Dow Jones is athletic company Nike (NKE), which is a bit surprising considering that it is dangerously exposed to China.
2019-8-9 22:30 | |
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Coinspeaker Global Stock Markets Continue Crashing Down as U. S. Treasury Tags China ‘Currency Manipulator’Following China’s extreme devaluation of the Yuan, the U. S. Treasury Department has labeled China a “currency manipulator.
2019-8-6 12:26 | |
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Chinese internet stocks may seem like the last place to invest considering the exposure they have to the U. S. /China trade war. Stocks like Baidu were among the worst performers in the stock market, shaving 7 percent off its value and weighing on the Nasdaq in the process.
2019-8-6 02:00 | |
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US stocks are set to open deep in the red on Monday, as Dow Jones Industrial Average (DJIA) futures fell more than 300 points lower. Stock markets are in free fall around the world after China hit back at Trump’s proposed tariffs and Twitter threats.
2019-8-5 14:00 | |
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The Dow teetered toward a loss on Wednesday after President Trump exposed a lack of confidence in the state of trade negotiations with China. Trump’s unexpected remarks overwhelmed DJIA components with substantial ties to the world’s second-largest economy.
2019-7-18 17:54 | |
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In amidst a tense trade dispute between the U.S. and China, the Dow Jones has achieved a new all-time high at 26,966 points, closing on 27,000 points. U.S. President Donald Trump said: Today’s Stock Market is the highest in the history of our great Country! This is the 104th time since the Election of 2016 […] The post Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000 appeared first on CCN Markets
2019-7-4 12:30 | |
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With the trade war between the U. S. and China thawing, investor sentiment swung from jittery to optimistic very quickly. The trade truce pushed U. S. markets higher as the dreaded 25 percent tariff on Chinese goods was put on hold.
2019-7-3 21:45 | |
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Global stocks saw a boost in sentiment on Monday following the resumption of trade talks between the U.S. and China. The Dow Jones has remained stable in the 26,700-point region throughout the past week, and the SSE Composite, a stock market index of all stocks that are traded at the Shanghai Stock Exchange, surged by […] The post Stocks Eye Bullish Boost as Fed Ignores Trump-Xi Truce appeared first on CCN Markets
2019-7-2 00:39 | |
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By CCN Markets: The Dow and broader U. S. stock market limped into Friday’s close after disappointing financial results from a leading chipmaker highlighted the dangers of a prolonged trade war with China.
2019-6-15 22:40 | |
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Stocks are down about 7% since April following the failure of trade talks with China and the surprise addition of taxes on Mexico. The S&P500 has dropped from 2,960 on...
2019-6-3 14:15 | |
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Stocks continue to sink as the S&P 500 index today went under 2,800 points. Bitcoin, on the other hand, has marked a quick recovery demonstrating itself as the best performing alternative asset.
2019-5-29 21:00 | |
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By CCN: Gaining an eye-popping 135%, bitcoin has smoked even the most impressive U. S. stocks this year. Even if you take the top performers from the Dow Jones Industrial Average, S&P 500, and Nasdaq – which are Cisco Systems (CSCO), Xerox (XRX), and Beyond Meat (BYND), respectively – they can’t touch BTC/USD for returns.
2019-5-28 22:15 | |
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By CCN: The stock market still has more runway for gains despite the trade war. Fundstrat Co-Founder Thomas Lee is doubling down on his year-end target of 3,100 for the S&P 500, which reflects gains of 9% from where the index hovers today.
2019-5-21 20:38 | |
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By CCN: The Dow and broader U. S. stock market tumbled on Monday, as the combination of poor economic data, geopolitical tensions and a trade-war standoff with China kept investors out of riskier assets.
2019-5-21 22:13 | |
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By CCN: President Trump has at least one renowned economist in his corner. Mohamed El-Erian is placing Donald Trump in the same category as America’s beloved Ronald Reagan. In an interview with CNBC, El-Erian, who is among the more open-minded economists out there, approached the trade war from a different vantage point.
2019-5-21 20:44 | |
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James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U.
2019-5-16 05:00 | |
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By CCN: The Dow and broader U. S. stock market erased early losses Wednesday amid reports that the Trump administration was planning to send an envoy to Beijing to resume high-stakes trade negotiations.
2019-5-16 23:09 | |
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Stocks of the New York Stock Exchange fell half a day after the United States and China failed to reach a trade agreement and imposed a new wave of tariff increases to Chinese products imported for more than 200 billion dollars.
2019-5-11 03:09 | |
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By CCN: The Dow and broader U. S. stock market frantically searched for a silver lining Thursday after China threatened harsh retaliation in response to a sizable tariff increase by the White House that could be implemented in the next 24 hours.
2019-5-10 23:02 | |
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MicroStrategy stock has popped more than 6% in pre-market trading as cryptocurrencies see gains amid Bitcoin’s surge to a new all-time high. The MicroStrategy shares’ price is also rising as the market reacts to news that the leading corporate holder…
Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto…
Valour Inc. has introduced 20 new digital asset exchange-traded products on Sweden’s Spotlight Stock Market. This represents the largest single-day launch in the company’s history, increasing its total ETP offerings to over 60 across European exchanges, according to a company…
MicroStrategy is currently in a critical juncture, as it is in the process of integrating into the Nasdaq 100 index. It is anticipated that the decision will be officially announced on December 13 and will be implemented on December 23.
With Bitcoin briefly surpassing $100,000 and the S&P 500 posting its best year since 2019, Bank of America’s strategist warns of a potential market overshoot. U.S. stocks and cryptocurrencies are showing signs of overheating, with Bank of America Corp.’s Michael…
Metaplanet is set to distribute Bitcoin to shareholders through a lottery system, aimed at incentivizing participation in its new initiative with SBI VC Trade. Tokyo-listed firm Metaplanet has unveiled a new shareholder benefit program, offering Bitcoin (BTC) rewards through a…
German insurance behemoth Allianz Insurance purchases nearly 25% of MicroStrategy’s convertible note offerings valid until 2031. Europe’s second largest insurance company now holds a quarter of MicroStrategy’s bonds from their previous convertible note sales. The notes held by Allianz are…